Aptos is shaking things up with a bold new proposal that slashes staking rewards nearly in half. Supporters say it'll drive real network growth.
The Aptos community is currently evaluating a new governance proposal, AIP-119, that could halve staking rewards over the next three months. It seeks to reduce the current annual staking yield from around 7% to 3.79%.
Binance Coin (BNB) has continued to show excellent market performance, going up between $575 and $591 over the last week. The cryptocurrency trended upwards between April 13 and April 19, 2025, with significant price leaps on April 17 and 18.
Aptos is making waves as a community member recently submitted a proposal on April 18 to slash the staking rewards nearly by almost 50%. The plan submitted by the member, MoonSheisty suggests lowering the rewards from 7% to 3.79% over the next three months.
Aptos community member MoonSheisty submitted a proposal to slash staking rewards for the network's native token, Aptos (APT), by almost half.
An Aptos community member submitted a proposal on April 18 to slash staking rewards for the network's native token, Aptos (APT), by nearly 50%The proposal, submitted by a community member called MoonSheisty, aims at reducing reward yields from 7% to 3.79% in a three-month period, aligning Aptos staking rewards with other layer-1 blockchains and encouraging capital efficiency. The proposal has sparked curiosity on X, but early comments on GitHub show some initial resistance.
An Aptos community member submitted a proposal on April 18 to slash staking rewards for the network's native token, Aptos (APT), by nearly 50%The proposal, submitted by a community member called MoonSheisty, aims at reducing reward yields from 7% to 3.79% in a three-month period, aligning Aptos staking rewards with other layer-1 blockchains and encouraging capital efficiency. The proposal has sparked curiosity on X, but early comments on GitHub show some initial resistance.
The proposal echoes Solana's recent SIMD-228, which sought to curb inflation on the network, but was voted down by validators in March.
BNB is experiencing buying demand as overall market sentiment turns positive. Although the price is currently facing resistance below the $600 level, buyers are expected to overcome this barrier. Meanwhile, large holders continue to accumulate BNB during the recent price correction. This has sustained momentum across various on-chain indicators, supporting the ongoing recovery.
BNBChain is upgrading its $100 million incentive program to feature direct token acquisition.
Bitcoin (BTC) has been trading in a tight range for a few days, but a minor positive is that the bulls have kept the price above $83,000. Usually, a low volatility period is followed by a range expansion, but it is difficult to predict the direction of the breakout with certainty.Cryptocurrency analysts remain bullish on Bitcoin's prospects because gold's rally in 2017 and 2020 was followed by a sharp rise in Bitcoin's price.
Aptos' proposal targets a 1% monthly staking yield decrease.
On Friday, Changpeng Zhao (CZ) sparked fresh momentum toward simplifying the BNB staking ecosystem.
Main event, leadership changes, market impact, financial shifts, or expert insights.
Kraken Exchange has announced the upcoming listing of Binance Coin (BNB), set to go live on April 22.
Binance has announced the launch of its 68th project on the Binance Launchpool, featuring Initia (INIT), an omni-chain rollups network designed to enhance the capabilities of appchains.
Binance Coin (BNB) is in the spotlight as it is on track to reclaim one of its most fundamental price levels. At press time, the fifth-largest digital currency was changing hands for $590.05, up by 1.21% in the past 24 hours per CoinMarketCap data.
Binance's Changpeng Zhao better known as CZ has publicly acknowledged the growing complexity in the Binance Coin (BNB) liquid staking ecosystem, highlighting the increasing number of derivative tokens tied to staking rewards. He shared a post on social media that asked if we should merge the different versions - like asBNB, slisBNB, and clisBNB - to create a more unified approach.
Non-fungible token sales on the BNB Smart Chain skyrocketed as investors show increased interest in the digital art sector.
Binance Coin is set to debut on U.S.-based crypto exchange Kraken with trading pairs including EUR, USD, USDC, and USDT. Binance Coin (BNB) has finally made its way to Kraken as the U.S.
BNB has shown significant market resilience similar to Bitcoin in the recent past catalyzed by rising demand. Bullish sentiment has been building up for the BNB price in the last three months, but it could be delayed if the support level at $520 is breached.
The crypto market registered a substantial drop on Wednesday before recovering towards the end of the day after Federal Reserve Chair Jerome Powell flagged concerns about inflation and slowing growth due to tariffs. However, markets recovered as crypto remained strong in the face of adversity even though traditional stock markets took a beating.
Binance Coin (BNB) could be on the verge of a major price movement as attention turns to its upcoming debut on Kraken, one of the longest-running cryptocurrency exchanges. Traders have begun preparing for what some call a possible shift in BNB's trading landscape.
The BNB Foundation has reached its 31st quarterly token burn, taking 1,579,207 tokens out of circulation. This colossal decrease, valued at about $916 million at today's prices, reaffirms the project's long-standing dedication to reduce its overall supply.
$600 is a crucial overhead hurdle for bulls to cross, else short sellers can drag BNB down to $520.
AAVE's ecosystem upgrade could mark the beginning of a new wave of liquidity inflows.
Trump's WLFI chose BNB chain as the main avenue for issuing its USD1 tokens, which now holds 90% of its supply.
Binance Coin (BNB) is facing a rejection at the moving average lines after failing to break above them.
After falling from its Macro Range, Aptos (APT) has faced rejection from key levels. Amid its 15% monthly decline, some analysts suggest that APT's party won't continue until the $5 resistance is reclaimed.
BNB Chain burned $916 million worth of tokens in its quarterly burn event, but the price barely moved despite the reduced supply.
According to Dune Analytics, as of mid-April, more than 113 million USD1 tokens have been issued. Nearly 90% of that supply lives on the BNB Chain.
BNB price is recovering from the $575 support zone. The price is now consolidating gains and might face hurdles near $585 and $600.
Bitcoin (BTC) has risen above $85,000, signaling that the bulls are trying to form a higher low at $83,000. The short-term price action remains susceptible to news related to the US tariffs and the ongoing trade war with China.Gold has been a clear winner during the current bout of macroeconomic uncertainty.
TL;DR Binance has completed its 31st quarterly BNB burn, permanently removing 1.57 million tokens worth $916 million from circulation. This move is part of BNB Chain's long-term deflationary strategy to reduce total supply to 100 million BNB. Despite the massive burn, BNB's price dropped by 0.37%, sparking mixed reactions from the crypto community.
Binance Chain has just completed its 31st quarterly token burn operation, permanently removing 1.58 million BNB from circulation, equivalent to 914 million dollars. This strategy could well propel the price of the world's fifth largest cryptocurrency in the coming weeks.
Binance Coin price has formed a symmetrical triangle pattern as its staked amount rises, and after the network executed its quarterly token burn. Binance Coin (BNB) was trading at $582, a few points above its lowest level this month.
Binance Chain has completed its 31st quarterly BNB token burn, removing $916 million worth of coins permanently from circulation. This move has sparked speculations of a possible BNB price rally, with analysts and traders remaining enthusiastic.
Binance co-founder Changpeng Zhao (CZ) announced a major deflationary milestone, confirming the completion of BNB Chain's 31st quarterly token burn.
Less than 40 million BNB is left to be burned now.
BNB Chain's auto-burn program adjusts according to block production and price movements. The Chain finalized its 31st quarterly burn today, removing BNB worth over $916 million from circulation. The move underscores the network's dedication to shrinking BNB's total supply to 100 million through its auto-burn approach. The latest incineration has removed over 1.
Layer-1 blockchain protocol BNB Chain has completed its 31st quarterly burn for Binance Coin (BNB). As revealed on its official X handle, the protocol burned 1,579,208 BNB.
Binance plans a brief pause for BNB Smart Chain transactions as it performs scheduled wallet maintenance.
Binance users will not be able to make deposits and withdrawals on the BNB Smart Chain as it will be suspended temporarily while the platform carries out wallet maintenance.
Yet another hack story shook investors' faith in Defi. The DeFi world is once again in the spotlight after a newly launched perpetual trading platform, KiloEx, backed by YZi Labs (previously known as Binance Labs), fell victim to a multi-chain exploit that drained approximately $7 million.
While global economies remain very uncertain going forward, the crypto market is beginning to coil up, and the U.S. stock market allowing, we could see a substantial surge into the Summer. Solana (SOL), Binance Coin (BNB), and Sui (SUI) are well placed to lead this resurgence.
BNB Chain addresses rumors, clarifies cooperation, emphasizes official channels.
BNB Chain stands out as a powerful blockchain network designed to support decentralized applications (dApps) while ensuring transactions remain fast, secure, and cost-efficient. With its impressive scalability, adaptability, and strong community-driven development, it has cemented its place as a key player in the blockchain ecosystem.
The BNB price has drifted upwards in the past few days as the crypto market has remained in a tight range, with Bitcoin hovering above $84,000. BNB was trading at $592 on Sunday, up by about 18% from the lowest level this year.